MetroList is the primary MLS for El Dorado, Merced (Western), Placer, Sacramento, San Joaquin, Stanislaus and Yolo counties.
Each time an agent logs into the system, the first page has what's called a 24 hour market watch. It's essentially an overview of what's gone on with that particular MLS in the last 24 hours.
This is the 24 hour market watch for Metrolist as of 9/11/2007 at 2:49 pm. These stats are very typical for the last several months. If you notice there are 413 new listings, 76 came back on the market with only 97 solds.
Simple math tells us that in the last 24 hours there were 5 times as many listings put on the market as there were solds. This is what we are saying as we log into the MLS on a daily basis.
MetroList
New Listings 413
Back on Market76
Price Increases 41
Price Reductions 715
Pendings 140
Solds 97
Expireds 148
Inactives 194
East Bay Regional Data, Inc. (EBRDI) is a Multiple Listing Service providing services to Alameda and Contra Costa counties. EBRDI is an organization resulting from the cooperative efforts of Alameda Association of REALTORS®, Berkeley Association of REALTORS®, Delta Association of REALTORS®, Oakland Association of REALTORS® and West Contra Costa Association of REALTORS®.
As you can see from their 24 hour market watch (as of 9/11/2007 @ 3:00 pm), things aren't much better out in the East Bay.
EBRDI
New Listings391
Price Change508
Sold131
Expired137
Marty Hackworth - Agnet, Investor
http://www.MartyHackworth/
http://www.bethesmartinvestor.com/
Marty@Martyhackworth.com
Tuesday, September 11, 2007
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